The American market is very important to the Canadian cattle industry. Domestic policies in the United States can greatly impact the Canadian industry. Just think about Country of Origin Labelling (COOL) and the discussion in Canada in terms of mitigating its impact.
There are some proposed changes to GIPSA potentially coming and questions and several American stakeholders are pushing for and against. What sparked my interest from a Canadian perspective is that R-Calf is in favour of the proposed changes. Usually this means that it is not not good for Canada or the industry in general.
I chatted with Kevin Grier from the George Morris Center about the GIPSA changes and we ventured into an interesting conversation regarding the impact of captive cattle on the market price. R-Calf is of course pushing to remove captive cattle from the system which would include not only packer owned cattle but forward price contracting as well.
If you are looking for more information on GIPSA, check out these AgriTalk interviews with R-Calf and NCBA.
Kevin Grier works at the George Morris Center and is based in Guelph, Ontario. Kevin publishes a bi-weekly industry analysis entitled, Canadian Cattle Buyer. I hope you enjoy the interview and Kevin’s comments.
If you cannot see the embedded video below, click here